Operating Room/OR Integration Market worth $3.3 billion by 2027 - Exclusive Report by MarketsandMarkets™

News provided by

May 25, 2022, 08:30 ET

CHICAGO, May 25, 2022 /PRNewswire/ -- According to the new market research report "Operating Room/OR Integration Market by Component (Hardware, Software, Service), Application (General, Orthopedic, & Cardiovascular Surgery), Device (Audio & Video Management, Display, Document Management), End User (Hospital, ASC) - Global Forecast to 2027", published by MarketsandMarkets™, the global Operating Room Integration Market is projected to reach USD USD 3.3 billion by 2027 from an estimated USD 1.9 billion in 2022, at a CAGR of 12.1% during the forecast period.

Browse in-depth TOC on "Operating Room Market/OR Integration Market"
133 – Tables
33 – Figures
197 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=160774667

The Growth in this OR Integration Market is driven by the growing demand for technologically advanced solutions, the growing number of surgical procedures, rising funding initiatives for improving HCIT infrastructure, and increasing emphasis on cost control and efficiency improvement in hospitals. However, the high setup and operational costs, interoperability issues, and shortage of skilled surgeons in OR integration are expected to restrain market growth to a certain extent.

By component, the software segment accounted for the largest share of the operating room integration market in 2021.

The software segment is estimated to have the largest share by value of the operating room integration market. OR integration software helps streamline surgical workflows by enabling seamless communication between different systems and ensuring the effective and easier operation of these systems, preferably from a single source. Moreover, operating room integration software helps reduce surgical times, improves coordination between healthcare providers, and improves patient safety.

The orthopedic surgery segment is expected to witness the highest growth rate in the operating room integration market, by application.

Based on application, the orthopedic surgery segment is expected to register the highest CAGR during the forecast period. Factors responsible for the growth of this segment are recent technological advancements in robot-assisted orthopedic surgeries, rising preference for minimally invasive surgeries due to benefits in orthopedic applications (such as decreased procedural trauma, faster patient recovery, and decreased hospital stay).

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=160774667

North America dominated the operating room integration market in 2021.

North America accounted for the largest share of the OR Integration market in 2021, followed by Europe and Asia Pacific. The large share of North America in the global market can be attributed to the rising need to curtail healthcare costs, increasing patient preference for minimally invasive surgeries (owing to procedural benefits such as the lower risk of surgical-site infections, decreased patient injuries, and shorter hospitalization times), growing adoption rate of integrated operating rooms among healthcare providers, and the increasing number of ambulatory surgery centers.

Stryker Corporation (US), STERIS Plc (US), Karl Storz SE & Co. KG (Germany), Olympus Corporation (Japan), Getinge AB (Sweden) are the major players in this market. These companies are majorly focusing on the strategies such as agreements, collaborations, partnerships, and service launches in order to remain competitive and further increase their share in the Operating Room/OR Integration Market.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=160774667

Browse Adjacent Markets: Healthcare IT Market Research Reports & Consulting

Browse Related Reports:

Medical Device Connectivity Market by Product & Services (Integration Solutions, Telemetry, Connectivity Hubs), Technology (Wired, Hybrid), Application (Vital signs Monitors, Ventilators), End User (Hospitals) - Global Forecast to 2026
https://www.marketsandmarkets.com/Market-Reports/medical-device-connectivity-market-83792455.html

Operating Room Management Market by Solution (OR Supply, Data Management, Communication, Anesthesia Information Management, Performance Management), Delivery Mode (On-premise, Cloud-based), End User, Region - Global Forecast to 2025
https://www.marketsandmarkets.com/Market-Reports/operating-room-management-market-175407912.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/operating-room-integration-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/operating-room-integration.asp